SABIC rejects rumours that it will quit Tianjin cracker project

19-Mar-09
Confirming the importance of China’s position Saudi Basic Industries Corp (SABIC), has rejected hearsay that it plans to quit its joint venture with Sinopec for its 1 mln tpa cracker project at Tianjin. The project includes 300,000 tpa LLDPE unit, a 300,000 tpa HDPE unit and a 400,000 tpa ethylene glycol unit, and is estimated to come onstream in H2 of this year.
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